Financial Sense Advisors Inc. Has $1.90 Million Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Financial Sense Advisors Inc. grew its position in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 67.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,583 shares of the company’s stock after purchasing an additional 6,682 shares during the quarter. Financial Sense Advisors Inc.’s holdings in Invesco Aerospace & Defense ETF were worth $1,903,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PPA. LPL Financial LLC raised its stake in Invesco Aerospace & Defense ETF by 1.5% during the third quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock worth $160,150,000 after buying an additional 20,169 shares during the last quarter. Summit Trail Advisors LLC raised its position in shares of Invesco Aerospace & Defense ETF by 1.1% in the 4th quarter. Summit Trail Advisors LLC now owns 538,504 shares of the company’s stock worth $61,783,000 after acquiring an additional 5,927 shares in the last quarter. Capital Asset Advisory Services LLC raised its position in shares of Invesco Aerospace & Defense ETF by 2.1% in the 4th quarter. Capital Asset Advisory Services LLC now owns 347,703 shares of the company’s stock worth $40,226,000 after acquiring an additional 7,007 shares in the last quarter. Axxcess Wealth Management LLC boosted its position in shares of Invesco Aerospace & Defense ETF by 3.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 347,210 shares of the company’s stock valued at $39,919,000 after purchasing an additional 11,122 shares in the last quarter. Finally, Raymond James & Associates boosted its position in shares of Invesco Aerospace & Defense ETF by 20.8% during the 3rd quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock valued at $33,642,000 after purchasing an additional 50,360 shares in the last quarter.

Invesco Aerospace & Defense ETF Stock Performance

Shares of PPA stock opened at $117.70 on Thursday. The company has a market cap of $3.67 billion, a P/E ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a fifty-two week low of $94.91 and a fifty-two week high of $124.89. The stock has a 50 day simple moving average of $117.90 and a two-hundred day simple moving average of $116.04.

Invesco Aerospace & Defense ETF Profile

PowerShares Aerospace & Defense Portfolio (Fund) seeks investment results that correspond generally to the price and yield of the SPADE Defense Index (the Index). The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of the United States defense, homeland security and aerospace operations.